Bank regulators seize Silicon Valley Bank in largest bank failure since the Great Recession .... Wells Fargo ??
- Thread starter Gemini
- Start date
Deutsche Bank...
www.ft.com
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Woman withdraws money from bank, finds out $100 bill was counterfeit
Kam Ridley went to Wells Fargo recently to withdraw money to pay bills. She then went to Trustmark to deposit the cash in an ATM. All of the money went through except the $100 bill. The teller at Trustmark told her the bill was counterfeit.
www.wapt.com
Kam Ridley went to Wells Fargo recently to withdraw money to pay bills. She then went to Trustmark to deposit the cash in an ATM. All of the money went through except the $100 bill. The teller at Trustmark told her the bill was counterfeit.
Woman withdraws money from bank, finds out $100 bill was counterfeit
A Mississippi Wells Fargo customer is looking for answers after a bank teller told her a $100 bill she tried to deposit was fake.
www.wapt.com
$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency
June 2, 2024
$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency - The Daily Hodl
Unrealized losses in the US banking system are once again on the rise, according to new numbers from the Federal Deposit Insurance Corporation (FDIC).
dailyhodl.com
I am not the biggest fan of the American dollar, but the new currency with unstable nations is very problematic. This is why Russia was trying to get Trump to fuck up America, but apparently they can’t rely on that anymore
My suggestion to all is keep cash on hand to get you through 2-3 weeks of no access to your funds, be it investments or bank accounts. Everything is about to go to zero. Take pics of whatever accts you have to have proof after we get through this.
This will not be another market correction and this isn't an opportunity to invest while things are sinking. They are taking everything to ZERO
This will not be another market correction and this isn't an opportunity to invest while things are sinking. They are taking everything to ZERO
Spoke on this in the past, implemented tonite and when the finance world opens up tomorrow, will be a new system running on ISO 20022. May be some disruptions over the next week or soSignificant...
ISO 20022: Implementing the global payments messaging standard within CHAPS and RTGS
ISO 20022: the new messaging standard for CHAPS and RTGS
On 19 June 2023, CHAPS and the Bank’s Real Time Gross Settlement System (RTGS) will migrate to the ISO 20022 messaging standard. The ISO 20022 message standard facilitates the sending of enhanced data in a richer, more structured format than currently, which will bring a wide range of benefits. It is an open international standard, which has the potential to create a single common language for most payments globally. In addition to the UK, many major jurisdictions are also implementing ISO 20022 ahead of November 2025, when SWIFT is scheduled to retire its existing MT message standard for payments.
In order to continue sending and receiving CHAPS payments from 19 June 2023, payment users may have to make changes to the way they send and receive payments. Users will also need to adapt to the new data requirements, which will become mandatory from November 2024 onwards.
Full article:
ISO 20022: Implementing the global payments messaging standard within CHAPS and RTGS
Find out about the new messaging standard, key delivery dates, and the benefits of ISO 20022www.bankofengland.co.uk
Fed’s ISO ‘big bang’ hits next week
The Federal Reserve’s shift of trillions of dollars in payments to the new ISO 20022 standard Monday will reverberate around the world.
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